pcNewsWire – Glenbriar Technologies Inc. (CSE: GTI) has completed its rights offering, issuing 2,000,000 common shares at $0.02 per share for gross proceeds of $40,000.
News Release
Glenbriar Announces Results of Rights Offering
CALGARY, AB, May 29, 2017 — Glenbriar Technologies Inc. (CSE: GTI) today announced the results of its rights offering, which expired on May 20, 2017. Glenbriar received subscriptions for 2,000,000 common shares at $0.02 per share, resulting in gross proceeds of $40,000. This raises the number of issued and outstanding common shares to 50,421,510.
About Glenbriar
Glenbriar Technologies Inc. (CSE: GTI) is a leading provider Cloud-enabled business technology solutions, including IT Services, Cloud Services and Unified Communications. See www.glenbriar.com for more details.
For further information call:
Robert Matheson, CEO
Glenbriar Technologies Inc.
+1 (403) 450-7410
The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.
SOURCE: Glenbriar Technologies Inc.